Biggest fall in unemployment for 25 years

Duncan welcomed official figures released today which show that the number of people out of work and claiming Jobseeker’s Allowance in the Chippenham constituency has fallen by more than a third in the last year, surpassing last month’s record drop.

The new figures from the Office for National Statistics also showed that the number of people unemployed across the UK has fallen by 468,000 over the past 12 months, the biggest fall for more than 25 years.

There are now 1.8 million more people in work than at the last General Election, and 1.3 million more working full-time.

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Locally:

  • The number of people claiming Jobseeker’s Allowance in the Chippenham constituency fell by 412 (35%) from 1,182 in August 2013 to 770 in August 2014 – the biggest 12-month drop since records begin in 2006, surpassing last month’s record fall. It is now at the lowest level since July 2008.
  • The number of young people (aged 18-24) claiming Jobseeker’s Allowance in the constituency has fallen by 140 (37%) in the last year, to 235.
  • Since the General Election, 732 fewer people are out of work and claiming Jobseeker’s Allowance.

Nationally:

  • Unemployment has fallen by 468,000 in the last year – the biggest one-year fall in more than 25 years. The unemployment rate has fallen from 8% in 2010 to 6.2% now, the lowest rate since September 2008.
  • Youth unemployment (aged 16-24) has fallen by 213,000 in the last 12 months, the biggest fall on record. It is now down to 747,000, its lowest level since July 2008.
  • Since the General Election, 1.8 million more people are in work, and 1.3 million more people are working full-time.

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  • published this page in News 2014-09-17 14:24:44 +0100